Annual Limit Waiver Guidance Updated

In previous posts I discussed the annual limit waiver process for mini-med plans as well as the upcoming MLR rules regarding mini-med plans.  Today, OCIIO amended the annual limit waiver application process for mini-med plans, including adding a participant notice requirement.  This notice is yet to be posted to the website, but it is required to be sent to participants in a plan that has obtained an annual limit waiver.  OCIIO also announced its intention to provide a special methodology for mini-med plans to better satisfy the upcoming MLR rules.   The special methodology is expected to be available for at least the first year the MLR rules are effective.  As noted in a prior post, the MLR rules only apply to insured mini-med plans.  The updated guidance is linked as follows:

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